$SOXL is finally showing strength after a strong recovery from the $157 area.
Who caught this bounce from the bottom? The chart is pushing into a key resistance zone, so this is where trade management becomes important.
Half Profit Zone: $235 - $240
Support Zone: $220 - $225
If support holds: 🎯 TP1: $250
🎯 TP2: $265
🎯 TP3: $285
A clean break above $240 could open the door for the next leg higher, but after this move, chasing candles isn't the best risk-reward.
Always manage your risk and DYOR.